IRN indophil resources nl
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"The latest word is that the sales process, led by Gresham...

  1. Ajax
    6,714 Posts.
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    23/09/10
    09:14
    Post #: 7232220
    "The latest word is that the sales process, led by Gresham Partners, has drawn six parties in due diligence."

    "...its nearing the pointy end"

    Contenders suggested are:

    Philex Mining (has admitted its interest), MMG (Philippines division of Minmetals, possibly BHP, Antofagasta, Barrick Gold or Newmont Mining.

    Article suggests that some gold majors are increasingly eyeing large copper-gold deposits (and Tampakan has 15.2 million ounces of gold).
    IRN Price at posting: 82.8¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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